An auto component production line of Keihin Vietnam Co Ltd. Rising shipping and raw material prices were also cited.In turn, manufacturers raised their selling prices at an accelerated pace. This was primarily due to labour shortages, as so many workers were off with infections that factories were unable to maintain production volumes. Input costs increased at the sharpest pace in almost 11 years on the back of higher costs for oil and gas following the outbreak of war. This has dashed any hopes that inflationary pressures might be set to ease over the months ahead.

Source: Viet Nam News April 07, 2022 20:47 UTC